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Net worth update per


This is seshwan's #4 net worth update. Please check out my profile here for more information. As of , my net worth increased to CAD 595,800 and my FI portfolio increased to CAD 606,500


Net worth

CAD 595,800

Since the last update on my net worth has increased with CAD 125,800 (+ 26.77 %).

FI portfolio

CAD 606,500

Since the last update on my FI portfolio has increased with CAD 186,500 (+ 44.4 %).

The per-day change in net worth between the reported periods are shown in the plot below.


And the development and changes between each net worth reporting is shown in the tables below.

Net worth
FI portfolio

The changes for each asset class is shown in the table below. All numbers are in CAD.
Change
Cash 10,000 +6,500 16,500
Investments 195,000 +130,000 325,000
Retirement acc 215,000 +50,000 265,000
Real estate 0 + 5,000 5,000
Other assets 50,000 -41,000 9,000
Total assets 470,000 +150,500 620,500

Mortgage 0 0 0
Other debt 0 + 24,700 24,700
Total debt 0 + 24,700 24,700
Change
Cash 10,000 +6,500 16,500
Investments 195,000 +130,000 325,000
Retirement acc 215,000 +50,000 265,000
Real estate 0 + 5,000 5,000
Other assets 50,000 -41,000 9,000
Total assets 470,000 +150,500 620,500

Mortgage 0 0 0
Other debt 0 + 24,700 24,700
Total debt 0 + 24,700 24,700
Change
Cash 1,000 +15,500 16,500
Investments 73,000 +252,000 325,000
Retirement acc 200,000 +65,000 265,000
Real estate 0 + 5,000 5,000
Other assets 30,000 -21,000 9,000
Total assets 304,000 +316,500 620,500

Mortgage 0 0 0
Other debt 29,000 -4,300 24,700
Total debt 29,000 -4,300 24,700

I am now 35.7% on my way to achive my FIRE target of CAD 1,700,000. This is 11.0 percentage points closer, compared to the last net worth update.

CAD 606,500 FIRE target: CAD 1,700,000


35.7%

FI portfolio

My FI portfolio now consists of CAD 325,000 (53.6%) in investments, CAD 265,000 (43.7%) in retirement accounts, and CAD 16,500 (2.7%) in cash.

Investments

Since my last update, my investments increased with CAD 130,000 (66.67%).

Since I started tracking, my total contributions have been CAD 10,000, and my total return has been CAD 242,000.

Retirement accounts

Since my last update, my retirement accounts increased with CAD 50,000 (23.26%).

Since I started tracking, my total contributions have been CAD 30,000, and my total return is CAD 35,000.




How much can I withdraw according to the 4%-rule?

If I quit working today, my monthly pay out would be CAD 2,021 for the rest of my life.


Monthly SWR amount
Retire today with (CAD)
2,021/month
(4.0% SWR)
1,768/month
(3.5% SWR)
1,516/month
(3.0% SWR)


When can I retire?

FI date

My age

46

I am currently aiming to save/invest approximately CAD 7,000 each month.

Assuming an annual return of 9% on my investments and my retirement accounts, I aim to reach my FIRE target of CAD 1,700,000 in 4 years and 10 months, in , and at that time I will be 46 years old.

By that time I will have invested/saved another CAD 511,000, while the rest will be return on my existing FI portfolio and the new investments, in total CAD 582,500


Financial independence forecast